One Big Beautiful Bill Act: Part 2 – What the New Tax Law Means for Your Business

🖨 Print⏱ 2 min readShare by Part 2 In this second part of our two-part series on the One Big Beautiful Bill Act (OBBBA), we examine the legislation’s impact on businesses, trusts, and estates. In addition, we will look at … Continue reading →

🖨 Print⏱ 3 min readShare by The Trump Administration announced it will no longer apply the beneficial ownership information (BOI) requirements of the Corporate Transparency Act (CTA) to domestic companies. This declaration came first via social media, marking a significant … Continue reading →

🖨 Print⏱ 3 min readShare by The Social Security Fairness Act of 2023, formally known as H.R. 82, aimed at ending two provisions in the Social Security system that affect public sector employees who have earned pensions from jobs not … Continue reading →

🖨 Print⏱ 3 min readShare by The coming shakeup of the executive branch, along with Republican control of both houses of Congress, means tax changes are highly likely in 2025 and beyond. Positioning for new and amended tax provisions is … Continue reading →

🖨 Print⏱ 3 min readShare by Every year, the IRS announces annual inflation adjustments related to tax rate schedules, deductions, cost-of-living adjustments, etc. What many taxpayers do not realize is that they also adjust the cost of fines and penalties … Continue reading →

🖨 Print⏱ 3 min readShare by The IRS recently issued an important ruling on the taxability of cryptocurrency staking rewards, determining that staking rewards are essentially “income” and, therefore, taxable upon receipt and not deferrable until sale or swapping. Below, … Continue reading →